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Monthly Archives: September 2008
The Bailout?
Okay, so it’s tabled for now, but has anyone wondered about the thought that went into the drafting of it: Ostensibly it’s three pages long. My mortgage papers are about an inch high.
Stock Market
This certainly doesn’t soften the blow, but the media is reporting non-stop that the decline of the Dow Jones Industrial Average today suffered it’s “largest drop in history.” This is only true in terms of the point decline, of 777 … Continue reading
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The "Bailout"
…isn’t. There will be more and in the end, the economy will right itself. No, I’m not a Republican. But there is virtually no Congressional Oversight in this soon to be debacle. Not that Congress would actually effect any action … Continue reading
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The First Debate
Disclaimer: I’m a Democrat. A left-wing, New York Democrat. McCain came across far better than I’d anticipated and Obama not as well. It’s extraordinary to me that voters would even consider John McCain in light of the Palin pick. But … Continue reading
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Bailout?
Washington Mutual today became the largest bank failure in history. I’m an old left wing Democrat from the lower West Side of New York City and I’ve got no idea how this $700 billion’s going to help, especially in light … Continue reading
